Question: PA4-3 Selecting Cost Drivers, Assigning Costs Using Activity Rates [LO 4-1, 4-3, 4-4, 4-6] Harbour Company makes two models of electronic tablets, the Home and

 PA4-3 Selecting Cost Drivers, Assigning Costs Using Activity Rates [LO 4-1,4-3, 4-4, 4-6] Harbour Company makes two models of electronic tablets, theHome and the Work. Basic production information follows: Direct materials cost perunit Direct labor cost per unit Sales price per unit Expected productionper month HomeWork $42 64 20 35 574 365 800 units 410

PA4-3 Selecting Cost Drivers, Assigning Costs Using Activity Rates [LO 4-1, 4-3, 4-4, 4-6] Harbour Company makes two models of electronic tablets, the Home and the Work. Basic production information follows: Direct materials cost per unit Direct labor cost per unit Sales price per unit Expected production per month HomeWork $42 64 20 35 574 365 800 units 410 units Harbour has monthly overhead of $181,670, which is divided into the following cost pools Setup costs Quality control Maintenance $ 74,690 55,680 51,300 181,670 Total The company has also compiled the following information about the chosen cost drivers Home WorkTotal 97 310 330 640 1,000 1,700 2,700 37 80 Number of setups Number of inspections Number of machine hours Required 1. Suppose Harbour uses a traditional costing system with machine hours as the cost driver. D and round your final answers to the nearest whole dollar amount.) wlh machine hours as the cost driver. Determine the amount of verhead assigne to each produdt Ine, D no round Overhead Assigned Home Model: Work Model

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!